do you Ron Paul fans agree? Ron Paul says: NO NEED TO DEFAULT.

[dyna mo]

i love this guy! couple days ago he blogged re: the need to default, now he says no need to default. hahahahahahahahahaha classic ron paul


that & more ron paul classic words of wisdom re: the current state of affairs:

[dyna mo]

i especially LOVE how he refers to congress as *they*

fuck. logical awesome.

[dyna mo]

ron paul 2012: obstructionist, flip-flop, doom & gloom career politician

vote for me!

[Serge Litehead]

this is time to do what is doable lol

[dyna mo]

Originally Posted by holograph

this is time to do what is doable lol

that vid is loaded with gems!

[mafia_man]

Ron Paul is a cook.

If you axe social security and medicare like he wants to do then the proles are gonna' rise up and kill you.

Also if you axe the fed you'll fuck up the economy. There's good reasons why we got off the gold standard.

[marlboroack]

What's a CBO base line? I think he made all of this up on the spot.

[Socks]

Congressional Budget Office - An Analysis of the President's ...
www.cbo.gov/doc.cfm?index=12130 - CachedBy 2021, the deficit would reach 4.9 percent of GDP, compared with 3.1 percent under CBO's baseline projections. Over the 2012–2021 period, deficits under ...

[split_joel]

I may be confussed but did you even listen to what he said or was it beyond ymour understanding.

He ia saying he refueses to vote to expandnthe amount to spend and says we need to either let default happen or pay everyone the same as last year. There is no flipflop.

[Ethersync]

Originally Posted by split_joel

I may be confussed but did you even listen to what he said or was it beyond ymour understanding.

I don't think it's beyond their understanding. I just don't think they even try.

[AtlantisCash]

Originally Posted by mafia_man

Ron Paul is a cook.

If you axe social security and medicare like he wants to do then the proles are gonna' rise up and kill you.

Also if you axe the fed you'll fuck up the economy. There's good reasons why we got off the gold standard.

An other Clueless man speaks, Welfare state is 20 century's dumbness, people lived based on volantary society for so many centuries, after a hard time paper money and welfare state came up.

people didn't kill eachother because of lacking social statist programs, but lived even more peacefully, if you want to help poor you can!t just do it by stealing from productive's pocket and spend it irresponsibly, i advice you to stick your tongue where it's belong to and stop talking shit about things that you have know clue about.

[acrylix]

Originally Posted by dyna mo

ron paul 2012: obstructionist, flip-flop, doom & gloom career politician

vote for me!

dyna mo, it seems you are not a fan of Ron Paul.

Is there someone else running for president in 2012 who you prefer?

[acrylix]

Originally Posted by mafia_man

Ron Paul is a cook.

Not the brightest moran in the bunch, are you?

[charlie g]

Ron Paul is an easy target to make fun of tho. He looks funny, talks like Mr. Rogers and says things that make us uncomfortable.

Ya he's a career politician, but he is the only guy who's returned money from his congressional office budget...100,000 in 2010 and 140,000 this year(every year he has been in office I believe). He is a different breed than the rest of the hustlers on the hill(he also doesn't participate in the congressional pension).

Going back to the gold standard sounds pretty kookish to me too. But what we have been doing is clearly not working. To continue on the present path seems far more dangerous than anything the funny little man has said.

[Barry-xlovecam]

Ron Paul is bullish for ammo sales ...

[jollyperv]

Honestly I hope this guy wins...how much worse can shit get anyway?

[seeandsee]

Ron Paul is new president of America, i never miss!

[tony286]

Originally Posted by AtlantisCash

An other Clueless man speaks, Welfare state is 20 century's dumbness, people lived based on volantary society for so many centuries, after a hard time paper money and welfare state came up.

people didn't kill eachother because of lacking social statist programs, but lived even more peacefully, if you want to help poor you can!t just do it by stealing from productive's pocket and spend it irresponsibly, i advice you to stick your tongue where it's belong to and stop talking shit about things that you have know clue about.

actually no it wasnt. Before SSI old age meant starvation for 80 percent of seniors. Again I want hard right to win it all , the middle class needs a wake call so they stop voting against their own interests.

[mafia_man]

Originally Posted by AtlantisCash

An other Clueless man speaks, Welfare state is 20 century's dumbness, people lived based on volantary society for so many centuries, after a hard time paper money and welfare state came up.

people didn't kill eachother because of lacking social statist programs, but lived even more peacefully, if you want to help poor you can!t just do it by stealing from productive's pocket and spend it irresponsibly, i advice you to stick your tongue where it's belong to and stop talking shit about things that you have know clue about.

Volunteer me an MRI scanner then.

[mafia_man]

Originally Posted by acrylix

Not the brightest moran in the bunch, are you?

Gonna' hate over a typo.

*cooky.

[dyna mo]

Originally Posted by split_joel

I may be confussed but did you even listen to what he said or was it beyond ymour understanding.

He ia saying he refueses to vote to expandnthe amount to spend and says we need to either let default happen or pay everyone the same as last year. There is no flipflop.

Originally Posted by Ethersync

I don't think it's beyond their understanding. I just don't think they even try.

hahahah you ron paul disciples are like conspiracy theorists, you can't figure his bullshit out on your own so then you turn it around to those who can and point your finger.




on july 22nd ron paul blogged http://www.bloomberg.com/news/2011-0...-ron-paul.html

then on july 28th @ 0.45 seconds in the video here


he says no need to default.


you ron paulies can tiptoe the ron paul line all ya want, i couldn't care less, i just enjoy pointing out what a piece of shit politician the guy is.

ron paul 2012

[dyna mo]

hahahahahahahahah

i just googled *ron paul flip flop*

3,400,000 results

flip flopped on:
evolution
from a democrat to republican
don't ask don't tell
etc
et al
on & on
http://www.google.com/search?aq=f&so...paul+flip+flop



hahahahahahaha

[dyna mo]

...................

[AtlantisCash]

Originally Posted by tony286

actually no it wasnt. Before SSI old age meant starvation for 80 percent of seniors. Again I want hard right to win it all , the middle class needs a wake call so they stop voting against their own interests.

What time are we talking about exactly? and no i don't support far right amish, i support Libertarian Minarchism and i agree on what you said about middle class should awake yea.

[buzzard]

Originally Posted by mafia_man

Ron Paul is a cook.

Is he a certified chef or simply enjoy cooking a good back yard barbeque?

[acrylix]

Originally Posted by dyna mo

on july 22nd ron paul blogged http://www.bloomberg.com/news/2011-0...-ron-paul.html

He says basically the same thing in the op-ed piece you linked to:

Hard Decisions

It isn?t too late to return to fiscal sanity. We could start by canceling out the debt held by the Federal Reserve, which would clear $1.6 trillion under the debt ceiling. Or we could cut trillions of dollars in spending by bringing our troops home from overseas, making gradual reforms to Social Security and Medicare, and bringing the federal government back within the limits envisioned by the Constitution. Yet no one is willing to step up to the plate and make the hard decisions that are necessary. Everyone wants to kick the can down the road and believe that deficit spending can continue unabated.

Unless major changes are made today, the U.S. will default on its debt sooner or later, and it is certainly preferable that it be sooner rather than later.

Where is the flip flop?

[dyna mo]

Originally Posted by acrylix

He says basically the same thing in the op-ed piece you linked to:



Where is the flip flop?

if you can't see it, i can't explain it. besides, i asked you first to explain to me how ron paul knows and understands the consequences of a default, i never heard back from you.

and that video isn't an op-ed piece, it's an interview of ron paul where he STATES verbatim that there is no need to default.









/

[IllTestYourGirls]

Originally Posted by dyna mo

if you can't see it, i can't explain it. besides, i asked you first to explain to me how ron paul knows and understands the consequences of a default, i never heard back from you.

and that video isn't an op-ed piece, it's an interview of ron paul where he STATES verbatim that there is no need to default.









/

How does he know what will happen if we defaulted? Because he was alive and remembers what happened last time? But I dont know, how he knows. Maybe he knows something about our history.

http://blogs.wsj.com/marketbeat/2011...-we-defaulted/

As a result, t-bill rates jumped 60 basis points, an increase that didn?t go away once the government came to its senses and cured the default, wrote Terry Zivney and Richard Marcus back in 1985. ?The default apparently warned investors that Treasury issues were not completely riskless, which translates into a $12 billion annual increase in federal interest payments as a result of the 60 basis point permanent increase in interest rates,? they wrote.

So the default permanently affected US short-term borrowing. But it had no discernible effect on long-term borrowing. Ten-year Treasury yields were about the same at the end of May as they were at the start of April 1979.

The dollar fell a teensy bit after the 1979 default, but soon turned higher, notes forex analyst Kathy Lien. It tumbled toward the end of the year, but the default probably had nothing to do with it.

As with a rating-agency downgrade, a brief technical default is probably not nearly as important for interest rates or the dollar as is the outlook for inflation, which in 1979 was very dire indeed.

Just to close the books on 1979, as it turned out, the country was not in permanent decline, and disco?s stranglehold brought us punk. Silver linings, people!

[dyna mo]

also, please address why ron paul refers to the congress, the arm of the government he has worked for for 35+ years, as *they*.

thx in advances.

[MetaMan]

Holy crap dyno homo you're such an attention whore you bumped your own thread 3x. LOL

[dyna mo]

Originally Posted by IllTestYourGirls

How does he know what will happen if we defaulted? Because he was alive and remembers what happened last time? But I dont know, how he knows. Maybe he knows something about our history.

http://blogs.wsj.com/marketbeat/2011...-we-defaulted/

lolz, that's not even a nice try. please list 3 things from that incident that you and ron paul can glean that reveal the result of a full voluntary default on our worldwide obligations today.

[dyna mo]

Originally Posted by MetaMan

Holy crap dyno homo you're such an attention whore you bumped your own thread 3x. LOL

oh look, it's the shitstain party pooper whose nose i keep rubbing in his own shit stained bullshit.


how the savings up for the lambo going?

[dyna mo]

Originally Posted by IllTestYourGirls

How does he know what will happen if we defaulted? Because he was alive and remembers what happened last time? But I dont know, how he knows. Maybe he knows something about our history.

http://blogs.wsj.com/marketbeat/2011...-we-defaulted/

according to THE resource on the 1979 incident:

Zivney is the authority on the ?79 case and has written extensively on it. The lapse was blamed in part on problems with word processors.

This time, Zivney says: "I think it's a real shame because we're saying because we disagree on what we're doing going forward, we're going to put the debt we agreed to on hold. I blame the president here because leadership is lacking in terms of setting priorities."

ronpaul 2012

[marketsmart]

Originally Posted by dyna mo

hahahahahahahahah

i just googled *ron paul flip flop*

3,400,000 results

flip flopped on:
evolution
from a democrat to republican
don't ask don't tell
etc
et al
on & on
http://www.google.com/search?aq=f&so...paul+flip+flop



hahahahahahaha

this is another thing i hate about politics.. this whole flip flop shit..

people arent entitled to change their minds?

now, there is a difference between changing ones mind and just lying to satisfy the moment, but i think people get too hung up on this term and of course the media and the politicians love to rub each others nose in it...

just another broken cog in the wheel...



.

[dyna mo]

Originally Posted by marketsmart

this is another thing i hate about politics.. this whole flip flop shit..

people arent entitled to change their minds?

now, there is a difference between changing ones mind and just lying to satisfy the moment, but i think people get too hung up on this term and of course the media and the politicians love to rub each others nose in it...

just another broken cog in the wheel...



.

ron paul flip flops because doing so keeps him in office, not because he learns more/becomes more enlightened about the topic and reverses his stance.

takes a lot of shenanigans to stay in office for 35+ years all while being an obstructionist who points his finger at the very establishment he work within.


more from zivney on the 1979 incident

The U.S. did default, in 1979, he says. There was a brief lapse in 1979 on $122 million dollars. We paid a .6 of a percentage point penalty, and that little lapse cost the U.S. billions of dollars in the first year alone.

good idea ron! let's add more to the debt via a voluntary default.

[dyna mo]

abstract on the 1979 incident:

Because of severe technical difficulties, the U.S. government was unable to repay investors in Treasury bills (T-bills) in late April through early May, 1979. This incident led to a 60 basis point increase in T-bill rates at the initial occurrence of the default. Unlike other information effects of that era, such as Henry Kaufman's predictions or Paul Volcker's ?Saturday night special,? this increase in rates was not offset by a subsequent decrease in rates after the Treasury cured the default. The default apparently warned investors that Treasury issues were not completely riskless, which translates into a $12 billion annual increase in federal interest payments as a result of the 60 basis point permanent increase in interest rates.


so based on this, ron paul concludes a voluntary default is a good thing.

i see.

[tony286]

Originally Posted by dyna mo

abstract on the 1979 incident:

Because of severe technical difficulties, the U.S. government was unable to repay investors in Treasury bills (T-bills) in late April through early May, 1979. This incident led to a 60 basis point increase in T-bill rates at the initial occurrence of the default. Unlike other information effects of that era, such as Henry Kaufman's predictions or Paul Volcker's ?Saturday night special,? this increase in rates was not offset by a subsequent decrease in rates after the Treasury cured the default. The default apparently warned investors that Treasury issues were not completely riskless, which translates into a $12 billion annual increase in federal interest payments as a result of the 60 basis point permanent increase in interest rates.


so based on this, ron paul concludes a voluntary default is a good thing.

i see.

is that when interest rates for mortgages went up to 17%?

[dyna mo]

Lets take a quick look at what happened in this 1979 instance.

The government ?forgot? to pay small bonds holders (individuals as opposed to nations etc) a total of about 120 million dollars ? by accident. This by no means represented a significant portion of the Treasury?s total debt (which was close to 1 trillion dollars at the time). It did however raise interests rates ? but only by 6 tents of a percent.

Not bad shall we say? Not so fast.
In fact, according to Prof. Zivney, this 120 million dollar mistake cost the U.S. about 6 billion dollars in interest. The new, raised interest rates applied to the entire debt that the U. S. owed at the time. In addition, the rates showed no sign of going back down by the end of Prof. Zivney and Marcus?s study.

So, by not raising the debt ceiling and allowing our nation to default, we would be in effect piling our children with exponentially more debt then if we handled this ?in house? (and raised the debt ceiling) in addition to a bad reputation in the international financial community (loss of confidence in U.S. bonds, etc).

[dyna mo]

Originally Posted by tony286

is that when interest rates for mortgages went up to 17%?

not sure. i haven't come across that. still looking ;-)

[dyna mo]

Originally Posted by tony286

is that when interest rates for mortgages went up to 17%?

yup.

and they continued going up to 20%, doubling in ~1 year.

June 19, 1979 11.50
July 27, 1979 11.75
August 16, 1979 12.00
August 28, 1979 12.25
September 14, 1979 13.00
September 21, 1979 13.25
September 28, 1979 13.50
October 9, 1979 14.50
October 23, 1979 15.00
November 1, 1979 15.25
November 9, 1979 15.50
November 16, 1979 15.75
November 30, 1979 15.50
December 7, 1979 15.25
February 19, 1980 15.75
February 22, 1980 16.38
February 29, 1980 16.75
March 4, 1980 17.25
March 7, 1980 17.75
March 14, 1980 18.50
March 19, 1980 19.00
April 2, 1980 20.00

[Barry-xlovecam]

The Mortgage rate run up was in 1982, Ronald Reagan was president ...

http://www.freddiemac.com/pmms/pmms30.htm

these are the Freddiemac rates Conventional loans were more

** 18.45% 2.3pts 10/81 was the peak *correction

[dyna mo]

Originally Posted by Barry-xlovecam

The Mortgage rate run up was in 1982, Ronald Reagan was president ...

http://www.freddiemac.com/pmms/pmms30.htm

these are the Freddiemac rates Conventional loans were more

thx for the correction

the #s i posted are the prime %

graph

[Barry-xlovecam]

The Dow Jones Index may drop below 12,000

http://quotes.ino.com/chart/index.ht...&t=&a=&w=&v=d3

Monday is Aug 1 ...

So, let's let the shit hit the fans ...

[MetaMan]

Originally Posted by dyna mo

oh look, it's the shitstain party pooper whose nose i keep rubbing in his own shit stained bullshit.


how the savings up for the lambo going?

Not to bad been a good year thanks.

How is starving yourself and convincing yourself you're fit going?

[MetaMan]

dyna mo:
http://www.anorexiahelp.net/

get some help man. we want to see you well. im here for you brother.

[dyna mo]

Originally Posted by MetaMan

im here for you brother.

i tried several times to let you know that original argument b/w us was water under the bridge. you chose instead to go the party pooper route, don't back down now just because i treat you like a party pooper.

[dyna mo]

Originally Posted by MetaMan

Not to bad been a good year thanks.

How is starving yourself and convincing yourself you're fit going?

post a pic, we'll compare and let the gfyers decide who is more fit.

[MetaMan]

Originally Posted by dyna mo

post a pic, we'll compare and let the gfyers decide who is more fit.

Now you are asking me to strip dyna homo? Make your mind up. Is all this complaining towards me really you wanting to full fill your dyna homo nickname?

[MetaMan]

Originally Posted by dyna mo

i tried several times to let you know that original argument b/w us was water under the bridge. you chose instead to go the party pooper route, don't back down now just because i treat you like a party pooper.

You consider GFY a party? you need to get out more. I suggest when you do get out going straight to an eating disorder clinic.

Unless i have you confused and you fast for religious purposes? if so i do apologize if i offended your religion. It's one of those fasting for God things? ahhh ok I get it now.

[iamtam]

ron paul flip flops with the best of them. what a career failure.